Laser Capture Microdissection Market Analysis Report 2024: Opportunities In Emerging Neuroscience Applications, Adoption In Clinical Diagnostics, Collaborative Research - Global Forecast To 2034

(MENAFN- GlobeNewsWire - Nasdaq) Dublin, Feb. 05, 2025 (GLOBE NEWSWIRE) -- The "Laser Capture Microdissection Market by Product, by System Type, by Application, by End-user, and by Region" report has been added to ResearchAndMarkets.com's offering.
The global laser capture microdissection market accounted for USD 163.1 Million in 2023 and is expected to reach USD 495.5 Million by 2034 with a CAGR of 10.63% during the forecast period 2024-2034

The market will grow as a result of developments in molecular biology and biotechnology, personalized medicine becoming more and more important, rising rates of cancer and other diseases, technological advancements in LCM systems, and partnerships and collaborations in the research community.

The demand for cutting-edge research instruments to examine disease mechanisms, biomarkers, and possible treatment targets has increased due to the rising incidence of cancer and other complicated diseases. Through the isolation of uncommon or particular cell types within tumor tissues, LCM enables thorough molecular profiling as well as a more profound understanding of the course of the disease and the effectiveness of treatment.

North American region is anticipated to have the highest revenue share during the forecast period owing to the region's well-established healthcare infrastructure, robust research and development activities, high adoption of advanced technologies, and presence of key market players driving innovation and market growth in laser capture microdissection.

Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to the region's increasing investments in healthcare infrastructure, rising prevalence of chronic diseases, growing research and development activities, and expanding adoption of advanced biotechnological tools, including laser capture microdissection, across academic, clinical, and industrial sectors.
By product, the instruments segment accounted for the highest revenue-grossing segment in the global laser capture microdissection market in 2023 owing to the increased adoption of advanced and user-friendly LCM systems with enhanced precision and compatibility with downstream molecular analysis techniques.

Additionally, the consumables segment is predicted to grow at the fastest CAGR during the forecast period owing to the growing demand for high-quality consumables such as reagents, kits, and disposable caps for sample collection, which are essential for maximizing the efficiency and accuracy of laser capture microdissection procedures.
By system type, the ultraviolet (UV) LCM segment accounted for the highest revenue-grossing segment in the global laser capture microdissection market in 2023 owing to the increasing adoption of UV LCM technology due to its superior precision, versatility, and compatibility with downstream molecular analysis applications, such as genomics and proteomics.

Additionally, the infrared (IR) LCM segment is predicted to grow at the fastest CAGR during the forecast period owing to the rising demand for non-destructive tissue microdissection, improved sample preservation, and enhanced compatibility with a wider range of tissue types and downstream molecular analysis techniques.
By application, the research and development (R&D) segment accounted for the highest revenue-grossing segment in the global laser capture microdissection market in 2023 owing to the growing investments in research and development activities aimed at expanding the applications of laser capture microdissection across various fields, including oncology, neuroscience, and regenerative medicine.

Additionally, the diagnostics segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing demand for precise and reliable diagnostic tools for disease detection and personalized medicine, driving the adoption of laser capture microdissection technology in clinical diagnostics.
By end-user, the academic and government research institutes segment accounted for the highest revenue-grossing segment in the global laser capture microdissection market in 2023 owing to the increasing funding for life sciences research and collaborations between academic institutions and government agencies, driving the adoption of laser capture microdissection technology for various research applications.

Additionally, the pharmaceutical and biotechnology company segment is predicted to grow at the fastest CAGR during the forecast period owing to the growing focus on drug discovery, personalized medicine, and biomarker research, leading to increased investment in advanced technologies like laser capture microdissection for target identification and validation.

Key Attributes:

Report Attribute	Details
No. of Pages	200
Forecast Period	2023 - 2034
Estimated Market Value (USD) in 2023	$163.1 Million
Forecasted Market Value (USD) by 2034	$495.5 Million
Compound Annual Growth Rate	10.6%
Regions Covered	Global

Report Scope:

• Base Year: 2023
• Forecast Period: 2024-2034
• Study Coverage
• Market Forecast by Product, System Type, Application, and End-User
• Market Forecast for 5 Regions and 17+ Countries
• Exhaustive Company Profiles of the Top 10+ Major Market Players
• 20% Free Customization Available to Meet Your Exact Requirement

Market Dynamics

Drivers Analysis

• Rising Demand for Precision Medicine
• Advancements in Molecular Analysis Techniques
• Growing Research in Oncology
• Increasing Automation and Integration

Restraints Analysis

• High Cost
• Regulatory Hurdles
• Technical Complexity

Opportunities Analysis

• Emerging Applications in Neuroscience
• Adoption in Clinical Diagnostics
• Collaborative Research Initiatives

Threats Analysis

• Competition from Alternative Technologies
• Data Privacy and Ethical Concerns
• Intellectual Property Issues

Trend Analysis

• Miniaturization and Portability
• Integration with Multi-Omics Approaches
• Adoption of Artificial Intelligence

Competitor Analysis

• Leica Microsystems GmbH
• Thermo Fisher Scientific Inc.
• Molecular Machines & Industries GmbH (MMI)
• Carl Zeiss AG
• Danaher Corporation
• Indivumed GmbH
• Molecular Machines & Industries AG (MMI)
• 3DHISTECH Ltd.
• Applied Spectral Imaging Inc.
• Denator AB
• R&D Systems Inc.
• Avant Diagnostics Inc.
• Ocimum Biosolutions Ltd.
• SLABX A/S
• Theranostics Health Inc.

Laser Capture Microdissection Market Analysis & Forecast by Product 2023 - 2034 (Revenue USD Mn)

• Instruments
• Consumables
• Software and Services

Laser Capture Microdissection Market Analysis & Forecast by System Type 2023 - 2034 (Revenue USD Mn)

• Ultraviolet LCM
• Infrared LCM
• Other System Types

Laser Capture Microdissection Market Analysis & Forecast by Application 2023 - 2034 (Revenue USD Mn)

• Research and Development
• Diagnostics
• Other Applications

Laser Capture Microdissection Market Analysis & Forecast by End-User 2023 - 2034 (Revenue USD Mn)

• Academic and Government Research Institutes
• Hospitals
• Pharmaceutical and Biotechnology Companies
• CROs

Laser Capture Microdissection Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Mn)

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• UK
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Australia
• South Korea
• Rest of APAC
• Latin America
• Brazil
• Mexico
• Argentina
• Rest of LATAM
• Middle East & Africa
• South Africa
• GCC
• Rest of MEA

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Attachment

• Global Laser Capture Microdissection Market

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